The Daily times. [volume] (Richmond, Va.) 1886-1889, 1887-10-16

.,.nhicct Cheap and sweet buri"S
.,.ht Money And a1'ailuro TO Uphold
u,,nc Market the Main Troubles.
Leaning that there was considerable
y.r.ncr0u among many of the tobac-
...ler. and merchants ON account of
..nnc.s of trade. representative Of
TIME. called on "a number OF our
-.frt tobacco firms to ask them Two
..r. The FIRST of them was. "Whaf
t.rause of thc unsatisfactory state of
Richmond leaf tobacco trade p
al. "Wht is Che remedy
MR.. WILLIAM T.. DlBRELL
.t. FIRST one approached lie replied
h., # would take much more than "a
..,.--.na t0 answer the first question.
...n.f Doe could write o page on that
..r Ue believed however Chat one
.rt.r..n reasons for the depression
I. trade was The competition OF
a.,.rn Hmlcy tobacco with thc Nir-
r-.Iu.f That toba co could bc
much more cHeaply Than tobacco
..-. and uas much more spongy and
t.,.I.r. absorbed great deal more sweet
.. Hi-ayoIy inferior article. being
,.-.r ANYTHING more thn an or
t.. weed. iu $50 far a- its toe
rr.narie- were concerned New
....r. therefore. who bad begun the
.r manufactured tobacco since tlc
,.rh h.H acquired TASTE Tor inc tobacco
.r account of Its sweetness and mild
., ..Ia. it could. therefore, Doe grown
manufactured SOD much more chcApIy
l.r H.. Virginia article. it very na'uf-
g.. rf.rerel with thc latter Dn ace
..f 0f Hs Chopncss, also. syndicaies
,..I.n formed fOr iis manufacture. and
n... .rndicaics would advance the
money f0 pas fhe taxes. and SD, to Ger
t.. ett.nt m0nOpol.ze The business by
,.rIr- ont men who found 30 difficult 10
,.. f.o Internal revenue taN required
b., Obj. Government These syndicaics
Jl..f u.nt the tax taken from tobacco,
.ir..u $3.50. really Is protective tariff Tor
u.r..n.Nf
r.r.. tobacco however, continued Mr
nIrH ufH NOT. for This year 80 least. .
rr.. ..ch formidable competitor to the .
Fr..nIDll She crop has been reiuc F.
tI.I.uf 0ucthi. and ihis viii mean F.
t..-nrce. f0rit than have heretofore F.
,r., IeI. and higher prices VIII mean .
..e8 activity at home
There Hrr. le -ud. many olhcf reasons .
rN.I mirlt he given for the depression .
r.r Haf trade here hut these are
t.t cmei le remedy SO ." a7
f.n.Ic applied bv Jaws 0r auihcial.y, be F
r..t.l u.. first fOrcmOye the internal
.r..re taxation. and secure for Rich- .
maud dealers and manufacturers 10 en- /
courage home industry F '"l 'i'si'5
ben. ali A0. senlihs OH ti'e" mere.
a., cpfrrr,, a. 90
we're neAi eai.el Oh. hI. .',.I wI''',u "n-
tNer.i very iui'y anu "llu-iY u.o
iie Ici'eI".e" .i'o Dl'i'i. 'i'''''i 'i's
q. Mf ulN.'il cohDe lHiu- 'i.' "ulI'5 Ut"
ut,' iI' t.l lh"t uli,'- 'n' az "No'
e.0N'- c.Nid hol set s,n'' ''""' '0'
la.f "rH IoIced 'o use l"e w 's'''" l'io
t.0. 0f0.. li man has " 'o"'i''s. l0'
'.. Ht '"i'""' 30. . HIo.. '.' '','' ,...
.r..t ramh.r of chcwcrs had acquired
O. ia-.. iDr the hufley. ana $50 "i," n'I "
great many nc" 'hc"ei' VINO nave "'-
81 IH N.. tobacco SINCE lie ""I.
lr.r'an. however inc huiIel was i,
t MIr. Than oah irtft- r"cel lcNcu WIN
i0a.-D. and hcorce ana as ihe price obi
n. Western tobacco "i'l no" advance
owing to falling OIL in me crop Wit
fH tobacco would naturally advance
With %. .,
81. 0fihn ihoughi also 'ha' I'D, "sn'
money market hai sIea' uo"' D" ""
9th iAc depression I'D 'he lrale. inc
crops bee said, OF other produc's OF
tobacco had generally been goou' ana
required % great deal of money To move
f-,I0.riinr according tothe demand for
h % Ras being piled up in The Treasury
cod there locked up from distribution,
and ihc money market became less
Stringent and trade would revise, and me
oy remedy for easy money market vas
Nre.ieye the farmers of undue taxation
ID